[ywvcbk]

IBKR claims that you can establish a margin loan by:

“Withdrawing funds in excess of settled cash in the denomination of the currency being withdrawn;”

So as long as you have enough collateral it’s effectively the same?

[mixmastamyk]

Sounds like the GP is saying that there are additional protections with the equity loan. Such as portfolio liquidation prevention if you move assets to another bank.